COMMERCE BANCSHARES, INC.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $1.05B | $1.03B | $968.5M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $401.7M | $396.1M | $531.6M |
| Operating Margin | 38.2% | 38.4% | 54.9% |
| Interest Expense | $83.5M | $154.0M | $257.1M |
| Pretax Income | $318.1M | $242.1M | $274.5M |
| Income Tax Expense | $96.2M | $73.8M | $85.1M |
| Net Income | $221.7M | $169.1M | $188.7M |
| Net Margin | 21.1% | 16.4% | 19.5% |
| EPS (Basic) | $2.30 | $1.88 | $2.26 |
| EPS (Diluted) | $2.29 | $1.87 | $2.24 |
| Shares Outstanding (Basic) | — | — | — |
| Shares Outstanding (Diluted) | — | — | — |
| Dividends Per Share | $0.81 | $0.83 | $0.86 |